EaseMyTrip Buys 65,000 Square Foot Office Space In Gurgaon For Rs 99 Crore

Office Space In Gurgaon

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EaseMyTrip co-founder Rikant Pittie paid Rs 99 crore for an office space in Gurgaon. The 65,000 square foot office building is located in sector 32, and Egis India is a tenant in part of the property.

As to the records obtained by CRE Matrix, a real estate data analytics company, the company paid Rs 6.95 crore in stamp duty for the deal, which was completed in November of last year.

Since 2021, the bulk of the building has been occupied by the French multinational firm Égis Group, which is involved in the construction engineering and transportation services industries. According to a person with knowledge of the deal, the firm is anticipated to go on from that point on.

Easemytrip Expanding Their Offices In India

In terms of air ticket sales, it is among the biggest online travel platforms, according to the Crisil Report: Assessment of the OTA Industry in India, published in February 2021. Growing at a 59% CAGR in earnings from FY20–23, it has been profitable from its founding and is bootstrapped.

The website offers its consumers access to over 2 million hotels, over 400 local and international airlines, rail and bus tickets, and taxi rentals for India’s main cities.

Established in 2008, EaseMyTrip maintains operations in several Indian cities, such as Bengaluru, Mumbai, Delhi, and Gurugram, Noida.

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